Social Security Max 2024 Income Limit Chart

Social Security Max 2024 Income Limit Chart. For 2024, the limit for substantial gainful activity (sga) is increasing to $1,550 per month (up from $1,470 in 2023). The maximum amount of earnings subject to the social security tax (taxable maximum) will increase to.

That means most workers will pay up to 6.2% of $168,600 in social security taxes this year, so they could owe as much as $10,453.20. Medicare recipients with 2022 incomes exceeding $103,000 (single filers) or $206,000 (married filing jointly) will pay a.